Phone
Call the Office of University Advancement at (757) 823-8323 and have your payment information ready for processing

Electronic Funds Transfer (EFT)
Through electronic funds transfer, Norfolk State University offers you the opportunity to make your gift without writing a check. With your authorization, your checking/savings account will be automatically debited in the amount you designate at the same time each month. At any time you desire, you may change or cancel your authorization - you retain control throughout the entire process. For additional information, please contact the Office of University Advancement at (757) 823-8323.

Corporate Matching Gifts

Corporate matching gifts are a great way for Norfolk State alumni, parents, and friends to maximize personal contributions to the University and increase the impact of their gift. By taking advantage of a company's matching gift benefit, you may be able to double or even triple the amount of a contribution.

Gifts of Stocks/Bonds/Mutual Funds

Donating appreciated securities is an excellent way to show your support for Norfolk State. It may also provide you with significant tax benefits. The information below will help you learn more about how you can make a gift of appreciated securities.

How to Donate Appreciated Securities

Thank you for considering a gift of securities to Norfolk State. The procedure that you will follow depends on how the assets are held:

Gifting Physical Securities (Certificates) Registered in Your Name
Mail unsigned stock certificate(s) and signed stock power form(s) under separate cover with a letter stating intention to gift the stock to the Norfolk State University Foundation.

Important: Prior to making any gift of securities to Norfolk State University, please instruct your broker to send a copy of the transaction confirmation to:

The University must have confirmation of the donor gifting the stock(s), know the name of the stock(s), the number of shares being gifted, and know the exact date(s) of the transfer(s) to ensure proper identification and registration of your gift.

GIFT NOTIFICATION

Donor(s) should additionally send correspondence to the Norfolk State University Foundation or NSU Advancement each time a stock gift is made to ensure instructions regarding the purpose of the gift are documented and followed.

Testamentary Gifts

You want to leave money to Norfolk State University in your will. You also want the flexibility to change your will in the event that life circumstances change. You can do both.

In as little as one sentence, you can complete your gift. This type of donation to Norfolk State in your will or living trust helps ensure that we continue to build a solid educational foundation to prepare students for successful careers in the future.

Specific Bequest

This provides NSU with a specific gift.

"I give to Norfolk State University, c/o The Norfolk State University Foundation, Inc., Norfolk, Virginia, the sum of $___________ to be used by the University [for its general purposes] OR [for a particular college or unit within the University] OR [according to a statement of intent previously agreed to by the University and me]."

Residuary Bequest

The charity receives what remains of the estate after all debts, expenses and taxes have been paid and all other bequests have been satisfied.

"I give to Norfolk State University, c/o The Norfolk State University Foundation, Inc., Norfolk, Virginia, __________ percent of the residue of my estate to be used by the University [for its general purposes] OR [for a particular college or unit within the University] OR [according to a statement of intent previously agreed to by the University and me]."

Contingent Bequest

If the original beneficiary is unwilling or unable to accept the bequest, the gift then goes to the contingent beneficiary.

"In the event that __________ predeceases me, I give to Norfolk State University, c/o The Norfolk State University Foundation, Norfolk, Virginia, [the sum of $__________] OR [_____ percent of the residue of my estate] to be used by the University for [describe purpose or purposes—for example, the University's general purposes] OR [for its general purposes] OR [for a particular college or unit within the University] OR [according to a statement of intent previously agreed to by the University and me]."

For more information on how you can remember NSU through your estate plans, please visit Norfolk State University Planned Giving.

Gifts that Provide Income to the Donor(s)

There are ways for you to support Norfolk State University and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity or a charitable remainder trust.

These types of gift instruments can provide you with regular payments and allow us to enrich the educational experience of future Norfolk State students. You can also receive a variety of tax benefits, including a federal income tax charitable deduction.

For more information on charitable gift annuities or charitable remainder trusts—and to see if one of these gift instruments is right for you—please visit Norfolk State University Planned Giving.

Gifts of Life Insurance

When the original purpose for a life insurance policy no longer applies — such as educating children now grown or providing financial security for a spouse now deceased — your policy can become a powerful and simple way to support our work. There are three ways to give life insurance to Norfolk State University:

Name us a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.

Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You may receive a federal income tax charitable deduction and reduce your future estate tax liability. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift.

Make an outright gift of a new policy. You can take out a new policy and irrevocably name the Norfolk State University Foundation, Inc. as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for the younger donor. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift.

For more information on gifts of life insurance—and to see if this gift instruments is right for you—please visit Norfolk State University Planned Giving .

Gifts from Individual Retirement Accounts (IRAs)

The federal government recently extended legislation that makes it more attractive for donors aged 70 ½ who are subject to annual required minimum distributions to support Norfolk State University with funds from an Individual Retirement Account (IRA).

For more information on gifts from IRAs — and to see if this gift instrument is right for you — please visit Norfolk State University Planned Giving.